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for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. every time a local business opens its doors, or makes another sale, or hires another employee, it's not just good for business. it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we've extended over $4 billion in new credit to local businesses across the country so far this year. because the more we help them, the more we can help make communities stronger. >>> welcome back. more breaking news. >> another executive is leaving zynga. chief market and operating officer jeff carp is leaving the company after one year. following a slew of departures including chief operating officer and chief creative officer. zynga saying they're continuing their transition to mobile way from reliance on
for 30 some years at manyperint different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. every time a local business opens its doors, or makes another sale, or hires another employee, it's not just good for business. it's good for the entire community. at bank of america,...
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this prison transfer comes as the united states prepares to commemorate 9/11 and as the war in afghanistan is an issue in the presidential race. joining me now is evan coleman. we say it's an issue in the presidential race. actually, you know the headline out of the past two weeks. mitt romney did not mention afghanistan in his big speech. his people said he gave the speech the day before right before that. with that said, are you surprised we're not talking about afghanistan more as it relates to it? >> i'm not. it's politically unpopular. no candidate wants to get up and say, i'm very aggressive in favor of a continued presence in afghanistan. nobody wants to say that. mitt romney is smart enough to understand that. >> let me talk about the prisba prison. how do we process this? >> we were what happened to abu ghraib in baghdad. it's not good to have prisons in foreign countries. the problem is this. number one, the afghan government has a terrible record in terms of keeping control of the prisons. >> there have been breakouts. >> huge breakouts back a few years ago in kandahar, someone
this prison transfer comes as the united states prepares to commemorate 9/11 and as the war in afghanistan is an issue in the presidential race. joining me now is evan coleman. we say it's an issue in the presidential race. actually, you know the headline out of the past two weeks. mitt romney did not mention afghanistan in his big speech. his people said he gave the speech the day before right before that. with that said, are you surprised we're not talking about afghanistan more as it relates...
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the united states has the highest u.s. corporate tax rate. presidential candidates are tackling these taxes with different plans. scott joins me now with what he thinks of old candidate. i want to start with the issue of this 35%. each candidate says, in theory, they will bring it down. obama wants 28% and romney wants 25%'s. >> i have to give the edge to mr. romney. he also wants to change the structure of our international tax system which would make the u.s. companies more competitive in the global economy and, i think, make the u.s. economy more competitive overall. cheryl: i mentioned competitive as i was talking to you. we are now number seven. what does that say to you? >> i think we are flipping in a lot of areas. the corporate tax really is one of the areas that we have to fix. we have a nieman marcus tax system. they are making themselves more competitive in high tax countries like united states. we need to fix the structure of our system. nicole here should be to make the economies more global. cheryl: i want to show our viewers so
the united states has the highest u.s. corporate tax rate. presidential candidates are tackling these taxes with different plans. scott joins me now with what he thinks of old candidate. i want to start with the issue of this 35%. each candidate says, in theory, they will bring it down. obama wants 28% and romney wants 25%'s. >> i have to give the edge to mr. romney. he also wants to change the structure of our international tax system which would make the u.s. companies more competitive...
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. >> i'm mitt romney and i'm running for president of the united states. >> i think my dad has always felt like he wanted to be true to his dad's name and legacy. >> a savvy business man who made a fortune at bain capital and turned around the 2002 winter olympics. >> he has two speeds, asleep or wide awake and fixing things. he is a mr. fix it. >> a man driven by faith in himself, his family and his mormon religion. >> you try your very best to know what god might say and of course you look to get correction from the church as well. >> a warm caring man. >> he was going to do anything he could to just say i'm here, stay right there and we'll be okay. >> or a cold, calculating politician? >> he's made decisions knowing they can resurface 30 years under the glare of a political campaign. >> he is multi-choice. >> a political opportunist. >> he changed his position on a broad range of issues for a simple reason, he wanted to run for president of the united states. >> or a true believer. >> i know his core. honesty. conviction to doing the right thing. >> we're going to bring back americ
. >> i'm mitt romney and i'm running for president of the united states. >> i think my dad has always felt like he wanted to be true to his dad's name and legacy. >> a savvy business man who made a fortune at bain capital and turned around the 2002 winter olympics. >> he has two speeds, asleep or wide awake and fixing things. he is a mr. fix it. >> a man driven by faith in himself, his family and his mormon religion. >> you try your very best to know what god...
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states that someone will bail me out. i think that that runs counter intuitive to what capitalism is. >> the european's rescuing like the bunch has become socialist. >> until the dollar is worth nothing. if people don't take into consideration 1, 2, 3 and put more supply in the market and our dollar and credit rating continues to go down. >> on that happy note, karl? >> it is grounded. >> >> all right if a picture is worth a thousand words what about this one? these images hitting the web. vice president obama hit the campaign trail. my favorite is that i thought of this picture of mitt romney on a jet ski. how are people reacting to this one. personalize a moment reinforce or just about other people. monica crowley the author. i want to know how the picture of the president being lifted up by the pizza owner. >> in a bear hug. >> does that help or hurt? >> some people say it's endearing. it was staged the secret service knew this man was going to approach him. >> this guy had been at the white house to talk about other i
states that someone will bail me out. i think that that runs counter intuitive to what capitalism is. >> the european's rescuing like the bunch has become socialist. >> until the dollar is worth nothing. if people don't take into consideration 1, 2, 3 and put more supply in the market and our dollar and credit rating continues to go down. >> on that happy note, karl? >> it is grounded. >> >> all right if a picture is worth a thousand words what about this...
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within the first month we had the attorney general of united states tell us we were a nation of power on race, the president came on later to say the police officers acted stupidly resting henry louis gates. of any knowledge. it was another thing after another the allies of the president has said if you oppose the stimulus, you are racist. if you're against obama can health care reform are racist because you don't want the president to succeed because he is black. i said no, this is not what we were supposed to have herald, not the american milken four. we should truly be taking diversity as our fabric to say this is what this is country is all about rather than the ethnicity with the election of obama. lou: it was before his election, as you point out, the congressional black caucus, these are organizations devoted to the perpetuation of ethnic identity and interest. what i struggle with is how are those interest any different than anybody else of interest and why aren't they combined? isn't that what it is supposed to be all about? >> i devoted an entire chapter to the caucus, and i
within the first month we had the attorney general of united states tell us we were a nation of power on race, the president came on later to say the police officers acted stupidly resting henry louis gates. of any knowledge. it was another thing after another the allies of the president has said if you oppose the stimulus, you are racist. if you're against obama can health care reform are racist because you don't want the president to succeed because he is black. i said no, this is not what we...
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god bless you and god bless the united states. there was a part of that that really caught my ear and it's when he said the road ahead may be longer. now, let me think about that a minute. four years ago, we started on this same road. four years later, the road is longer? how does a road get longer if you've been travelling on it for four years already. does that mean we've actually gone backwards p and start all over again to try to catch up? maybe that would tell us all we need to know about how to vote in november, if we're actually further behind than we were when we started off the road. just a thought for my part. [applause]. all week long democrats are asked whether americans with better off than they were four years ago. president barack obama took office, the economy was 9 full percent of gdp. we were losing 750,000 jobs, are we doing better than at that today? the answer is yes. >> that's a big surprise to most americans. i'm glad he revealed that to us, with 23 million american out of work and 368,000 dropping completel
god bless you and god bless the united states. there was a part of that that really caught my ear and it's when he said the road ahead may be longer. now, let me think about that a minute. four years ago, we started on this same road. four years later, the road is longer? how does a road get longer if you've been travelling on it for four years already. does that mean we've actually gone backwards p and start all over again to try to catch up? maybe that would tell us all we need to know about...
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the clock is ticking in the united states on the fiscal cliff, which you are very, very concerned about. the expiration of the bush tax cuts, how do you view this playing out, and what are the implications for the market? >> you know, i think it is very important. last week, the point when the investor attention really starts to focus on this when it is in europe. so it is a big deal, the fiscal cliff, 4% of gdp, secondly, it would hit at a team when it is the consumer's week of the it represents a big danger to the economy, the challenge is it is not discounted into the price. in other words, we're all talking about it. i have met very few investors who believe it will happen. and if we move to an environment where it is likely, it could create volatility in the market. >>> so how do you invest against that kind of back drop? where would you put money to work right now? >> i think there are a couple of things that investors can do. one thing is the people that have the flexibility, right now the options in the market, that is low. you buy insurance for the portfolio that will hopefully
the clock is ticking in the united states on the fiscal cliff, which you are very, very concerned about. the expiration of the bush tax cuts, how do you view this playing out, and what are the implications for the market? >> you know, i think it is very important. last week, the point when the investor attention really starts to focus on this when it is in europe. so it is a big deal, the fiscal cliff, 4% of gdp, secondly, it would hit at a team when it is the consumer's week of the it...
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. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and it could even have an impact on the presidential election. in a detailed study of the summer's drought which scored soybeans, corn and other crops across the nation, macro economic advisors out of st. louis estimate it could shave as much as a half point off gross domestic product this year. that's a big hit to a $13 trillion economy from a total farm sector that accounts for just -- wait for it now -- 1% of the nation's output. ben herzon is the economist who did the study. pe explai he explains the drought's outside impact. >> even though it only accounts for 1% of the economy, big changes in farm output can
. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and...
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catastrophic damage to the united states' economy and u.s. in general. that's something we have to keep in mind. is the threat there? yeah, it's there. a lot less than what it was but it's there and we have to remain vigilant. >> evan coleman, nbc terrorism analyst, thank you for your insight. >> that's going to wrap things up for me. stay with msnbc tomorrow for special coverage of the 9/11 terror attacks. "now with alex wagner" is coming up. >> governor mitt romney's map quest while president obama gets polling and fund-raising bumps team romney concedes a narrowing path to the white house. we will crunch numbers with peter hart, plus the romney ticket spends the weekend focusing on god while doing a loop de loop on budget policy. is this election still just about the economy? and we're going inside the victory lap. we'll ask slate's sasha issenberg about his book and the science of winning in a campaign. all of that when "now" starts in a mere 180 seconds. with the spark cash card from capital one, sven's home security gets the most reward
catastrophic damage to the united states' economy and u.s. in general. that's something we have to keep in mind. is the threat there? yeah, it's there. a lot less than what it was but it's there and we have to remain vigilant. >> evan coleman, nbc terrorism analyst, thank you for your insight. >> that's going to wrap things up for me. stay with msnbc tomorrow for special coverage of the 9/11 terror attacks. "now with alex wagner" is coming up. >> governor mitt...
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but for the united states and the democratic party, the incumbent president to unilaterally make a determination that that is no longer the case, that jerusalem is not the capitol is coming to me, such a bad sign to the rest of the world and the arabs that it gave me great discomfort and real pause. >> and it's scary. nuclear bombs so close. you suggest israel may have to stand alone. what is the likelihood that the u.s., let alone the rest of the world steps up? >> don't think it will stand alone, but this was a political mistake, a substantial mistake, and something that i think the democrats wish they had back. lori: i wish i had more time. thank you. up next, bill clinton's speech. we go to the in-box. here to talk about his blockbuster 2016 obama's america .
but for the united states and the democratic party, the incumbent president to unilaterally make a determination that that is no longer the case, that jerusalem is not the capitol is coming to me, such a bad sign to the rest of the world and the arabs that it gave me great discomfort and real pause. >> and it's scary. nuclear bombs so close. you suggest israel may have to stand alone. what is the likelihood that the u.s., let alone the rest of the world steps up? >> don't think it...
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here in the united states we are having great debate over budget. israel faced drastic economic situations in early 80s. how did israel get hold of its financial problems to the point where you now have an economy that is on par with that of a country in europe? >> i think discipline. that's the answer, discipline. when we come to literally almost bankruptcy in the mid 80s, then we took ourselves and started to be disciplined in fiscal discipline and working within the framework and since the mid 80s and then we create some rules in early 90s and past nine years we are strictly disciplined in the framework of budget and deficit. and we cannot break this framework. and this is something that all politicians in israel understand and follow, and this is why i think we gain trust of investors and we gain trust of the lenders and we manage to overcome our economy. adam: you know, you're in a part of the world where you are surrounded by neighbors who are are hostile to your economic interest and yet the economy of israel has grown in the last 20 years, s
here in the united states we are having great debate over budget. israel faced drastic economic situations in early 80s. how did israel get hold of its financial problems to the point where you now have an economy that is on par with that of a country in europe? >> i think discipline. that's the answer, discipline. when we come to literally almost bankruptcy in the mid 80s, then we took ourselves and started to be disciplined in fiscal discipline and working within the framework and since...
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out the unit because it puts feet on the ground for mr. obama when he's running for office. >> peter, i knew you would speak your mind. i wasn't worried about that. thank you for coming on tonight. >> take your. gerri: if you are fired up about this or any other issues on the program, drop me an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", solar installations are soaring in the u.s. but what is the key for taxpayers? with their dollars on the line. gerri is following every cent. the streak is over as president obama tops ronnie's fundraising last month. it is this just a blip in the money race or should the romney team start to worry? our political panel reacts. as we move closer to election day, this documentary has become a blockbuster hit. the author of "obama's america" is here to discuss his book. so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: so
out the unit because it puts feet on the ground for mr. obama when he's running for office. >> peter, i knew you would speak your mind. i wasn't worried about that. thank you for coming on tonight. >> take your. gerri: if you are fired up about this or any other issues on the program, drop me an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", solar installations are soaring in the u.s. but what is the key for taxpayers? with their dollars on...
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across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >> if we continue this, it will be a disaster. that is the anxiety of the country. i keep saying winter is coming and you better understand that. charles: that was during our last hour reacting to mitt romney's slip in the latest polls. remember you have to tune in every day at 9:20 a.m. eastern time for farney and company. the dow is kind of fighting back here. let's take a look at gold. still down seven dollars. 17.33. not a big change in gas prices over the weekend. the national average still $3.82. he still holding out $4.11. president obama attacked mitt romney's plan. on friday in new hampshire, the president defended his administration for creating jobs. >> today we learned that after losing 800,000 jobs a month when i took office, business once again add
across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. >> if we continue this, it will be a disaster. that is the anxiety of the country. i keep saying winter is coming and you better understand that. charles: that was during our last hour reacting to mitt romney's slip in the latest polls....
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we're obviously throughout the united states. we're in many foreign countries. we're in latin america, we're in london, turkey, we're in china, we're in singapore, japan and other countries as we speak. and then our investment side, we're all over. we're invested in china, in the united states, obviously. some in latin america. anyplace we see an opportunity. >> finally, hank, no doubt you saw or heard about my interview with eliot spitzer, which at the end of the day, ended up to be a lot about you. what's your take? did you get feedback on that? >> yeah. you won. i mean, his waving around a document that happened to be nothing to do with what we're talking about, because what he was waving around, i'm told, was a termination by the federal court. but there was an appeal that overturned that. he didn't tell you about the appeal. >> right. hank, good to have you on the program. >> good to be with you. >> thank you for weighing in on the developments at aig, hank greenberg. over to you. >> we'll head toward the break here. markets still trading a little lower. he
we're obviously throughout the united states. we're in many foreign countries. we're in latin america, we're in london, turkey, we're in china, we're in singapore, japan and other countries as we speak. and then our investment side, we're all over. we're invested in china, in the united states, obviously. some in latin america. anyplace we see an opportunity. >> finally, hank, no doubt you saw or heard about my interview with eliot spitzer, which at the end of the day, ended up to be a...
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and so a credit rating cut in the united states might not actually effect the united states, but it could draw investors to look at, say, spain and italy and realize that they need to start thinking more about political risks involved in other economies. most investors are probably looking at that already -- >> i was going to ask you a question. can you say, can you tell or recall how much money left the markets when just the threat of the failure to raise the debt ceiling was out there? i mean, a lot of the instability in the markets and our economy is coming from the sort of gridlock that's here, right? >> right. it is very difficult to measure, and one of the things you'll find in looking at the economy is there's so many things going on that it's almost impossible to pinpoint one specific issue. last july and august as we were threatening to inflict a wound on ourselves, the europeans were doing one to themselves. so it's hard to see what part was the united states debt rating downgrade that led stocks to drop precipitously in august and september and what part was august, -- europe.
and so a credit rating cut in the united states might not actually effect the united states, but it could draw investors to look at, say, spain and italy and realize that they need to start thinking more about political risks involved in other economies. most investors are probably looking at that already -- >> i was going to ask you a question. can you say, can you tell or recall how much money left the markets when just the threat of the failure to raise the debt ceiling was out there?...
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but we will not get that if we split into 27 individual units. we need a strong, unified political union. >> the world of tomorrow is not 198 member states, nation states. a number of big nations and empires. china, india, brazil, the u.s., japan. if we want to play a role in the new world order, it is only by creating a federal union. >> many in the european parliament believe the current crisis will be a catalyst for change. instead of the eu breaking apart, they want it to grow closer together -- a more integrated, a political union. >> the crisis has put europe on the spot. revealing flaws in the union and questions about its future stability. what does europe's younger generation make of it all? what does europe mean to them? >> here are some opinions we heard on the streets of madrid, brussels, and berlin. >> ♪ berlin berlin >> europe is my home. it is an opportunity to be part of many different cultures in a single region. >> peace. >> for me, it means a lot. i am a student and i realize that after i'm finished, i can travel in any part
but we will not get that if we split into 27 individual units. we need a strong, unified political union. >> the world of tomorrow is not 198 member states, nation states. a number of big nations and empires. china, india, brazil, the u.s., japan. if we want to play a role in the new world order, it is only by creating a federal union. >> many in the european parliament believe the current crisis will be a catalyst for change. instead of the eu breaking apart, they want it to grow...
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it tells you a lot about the structural dynamic of employment here in the united states. and you're seeing still an increase in the number of people hiring for temporary work rather than full-time employment and a lot of the full-time jobs are in the lower paying wage range which really impacts consumer for down the road for stronger economic recoveries. >> another concern is the falling share of americans who are in the labor force. so as a whole, the figure continues to decline that's partly because of demographic reasons. but 20 to 24-year-olds, 70% for the first time. a trend across the board happening worldwide. and it would suggest that this goes beyond -- or that the damage in this particular recession could last for quite some time. >> certainly we're hoping to see better that i thinks to see people give more encourage chme but a lot of things have to be addressed quickly. what you are seeing is again i would go back to the fact that there are still a lot of job opportunities out there. people have to know where to find them. we pulled statistics from the national
it tells you a lot about the structural dynamic of employment here in the united states. and you're seeing still an increase in the number of people hiring for temporary work rather than full-time employment and a lot of the full-time jobs are in the lower paying wage range which really impacts consumer for down the road for stronger economic recoveries. >> another concern is the falling share of americans who are in the labor force. so as a whole, the figure continues to decline that's...
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states. >> where would you cut? >> i would means test heavily social security, medicare, drastically reduce defense spending. >> how would you handle medicare? would you like a voucher program? >> it's too late for that. you need to simply means test it, so if you're affluent, you're going to pay a much higher premium. everybody needs to pay bigger copays, bigger deductible. >> the equivalent of raising taxes on some people. >> we have to raise taxes on everybody. the bush tax cuts, all of them, for everybody. we cannot afford them. we couldn't afford them then. >> he's not the guy you thought he was. you want him to come in, you were going, we're not worthy, we're not worthy. that's not who he is, and you've written these things about the fantasy of the -- if you ever wrote about the obama budget it would be a nastier piece. >> the reason i haven't done that is i assumed people could see that. >> you can't assume that. we're going to meet all the actresses, you want to be a left winger so you can meet hollywood, th
states. >> where would you cut? >> i would means test heavily social security, medicare, drastically reduce defense spending. >> how would you handle medicare? would you like a voucher program? >> it's too late for that. you need to simply means test it, so if you're affluent, you're going to pay a much higher premium. everybody needs to pay bigger copays, bigger deductible. >> the equivalent of raising taxes on some people. >> we have to raise taxes on...